THE WHAT? Terry Smith, a UK fund manager, has sold his stake in Estée Lauder Cos. while retaining his holding in L’Oréal SA. Smith cited Estée Lauder’s mismanagement of the reopening of China’s market and its supply chain issues as reasons for the sale.
THE DETAILS Estée Lauder, known for brands like Clinique and Aveda, has experienced a decline in market share in the US and a reduction in annual outlook for three consecutive quarters. The company’s shares have decreased by nearly 50% in the last year.
THE WHY? In contrast, L’Oréal’s shares have gained over 20% in the same period. L’Oréal has demonstrated revenue growth and resilience through its budget brands and the acquisition of Aesop, contributing to its market dominance.
Aesthetic supplies USA refers to products and equipment used in the field of aesthetic medicine and cosmetic treatments that are available for purchase in the United States. These supplies encompass a wide range of items necessary for various aesthetic procedures and treatments conducted by professionals such as dermatologists, plastic surgeons, aestheticians, and other qualified practitioners.
Examples of aesthetic supplies include:
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Dermal Fillers: Injectable substances used to restore volume and reduce wrinkles.
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Botulinum Toxin (Botox): Injectables used to temporarily relax facial muscles and reduce wrinkles.
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Laser Devices: Equipment used for hair removal, skin rejuvenation, tattoo removal, and other laser treatments.
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Chemical Peels: Solutions applied to the skin to exfoliate and improve texture.
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Microdermabrasion Devices: Tools used for mechanical exfoliation to rejuvenate skin.
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Microneedling Devices: Devices that create tiny punctures in the skin to stimulate collagen production.
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Cosmeceuticals: Skincare products that contain biologically active ingredients with pharmaceutical-like benefits.
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Sterilization and Disinfection Products: Essential for maintaining hygiene and preventing infections in clinical settings.
